UK supermarket real estate investor Supermarket Income REIT (LON:SUPR) announced on Wednesday that it had agreed to acquire Sainsbury’s (LON:SBRY) store in Hessle for a consideration of £34.0 million. The site has been bought from Reassure Limited, and excluding acquisition costs, represents a net initial yield of 5.5%. The 13 acre site was developed in […]

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